AVZ 0.00% 78.0¢ avz minerals limited

Director selling so what.., page-151

  1. 10,434 Posts.
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    It’s now about 180 mil mc fully diluted. If we all recall back to the beginning before the hype took over, this was seen as a good value for a 500-600 mil takeover. About 30 c. Then people got ahead of themselves as whilst potential is great a Jorc is all that matters especially indicated and measured. Unless the drill results are fake (I don’t believe that) this will recover in due time.
    I repeat one thing you can be sure of - KE will not sell if bad news present as the company and himself will be sued by investors through class actions for insider trading. The fact he had off market sales from 17 c indicate he had been planning this sale - ive been in these scenarios myself requiring large sums and getting caught out having to sell stock at their lows due to requirement of Cash. AVZ has the liquidity and cash for him to execute this.
 
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